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Investment in a 1987 Fleer Barry Bonds PSA 10 worth it now?

megatronmegatron Posts: 955
in Trading Cards & Memorabilia Forum
At between $300 (PSA 10 regular) - $450 (PSA 10/BGS 9.5 glossy), do you think it is a good investment now? By investment, I am not specifically referring to appreciation of value, but rather prevention of having my face ripped off if I try to sell it in 3-5 years (should I have to).

The investment to me is to obtain a card I truly like without having to worry about getting pennies on the dollar should I have to (don't intend to) sell it.

Thanks

image

Remember these Chuck Norris Facts

1. When Chuck Norris does a pushup, he isn't lifting himself up, he's pushing the Earth down
2. According to Einstein's theory of relativity, Chuck Norris can actually roundhouse kick you yesterday
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Comments

  • mikeschmidtmikeschmidt Posts: 5,756 ✭✭✭
    There are 547 PSA 10s from 1987 Fleer and another 282 PSA 10's of the glossy version. The populations will never go down.

    My personal thought is that there is almost zero chance that this will be a $500-$750 card in the next 5 years. That being said - if it is a few hundred dollars, populations will rise, and price will likely not - there has to be a pretty decent chance that you can get the card cheaper in the future.

    Just my $0.02
    I am actively buying MIKE SCHMIDT gem mint baseball cards. Also looking for any 19th century cabinets of Philadephia Nationals. Please PM with additional details.
  • julen23julen23 Posts: 4,558 ✭✭
    Barry Bonds escaped Balco, he will go into HOF, and will be remembered as 1 of the best players ever.

    I don't think his cards will be reduced to pennies. Investment-wise, not the worst investment 1 could make.

    Julen
    image
    RIP GURU
  • mikeschmidtmikeschmidt Posts: 5,756 ✭✭✭
    Julen:

    I don't disagree with you - but I would suggest that you only have to look at what happened at Michael Jordan prices over the last few years - and he has not been disgraced by any scandals. As soon as Bonds retires - people will be less interested in him, and you can probably get the cards cheaper then.
    I am actively buying MIKE SCHMIDT gem mint baseball cards. Also looking for any 19th century cabinets of Philadephia Nationals. Please PM with additional details.
  • shagrotn77shagrotn77 Posts: 5,625 ✭✭✭✭
    I think their a good short-term investment if you buy them now and sell them as soon as he breaks Aaron's record (which will be a truly sad day in my book because that SOB doesn't deserve squat).
    "My father would womanize, he would drink. He would make outrageous claims like he invented the question mark. Sometimes he would accuse chestnuts of being lazy. The sort of general malaise that only the genius possess and the insane lament. Our childhood was typical. Summers in Rangoon, luge lessons. In the spring we'd make meat helmets. When we were insolent we were placed in a burlap bag and beaten with reeds - pretty standard really."
  • AllenAllen Posts: 7,165 ✭✭✭
    August 1998-
    Buy all the Mark McGwire rookies you can. They will never go down. He will always be the HR King. Can't miss.
  • Stone193Stone193 Posts: 24,478 ✭✭✭✭✭
    I gotta go with MS on this one.

    In fact, there isn't even the RC hype anymore that there was in the 90s. Back then, cards would start to escalate with the impending enshrinement - take a look at card values of guys who have gone in during the past few years - no RC rush that I could see.

    Barry Bonds RCs will always sell, IMO, but they would probably make a bad investment. Plus, even if there was a "run" on his RC - a zillion will come out of the woodwork and be graded - you may even see a few PogoStick 10s! image

    image

    But, I wouldn't mind having a nice 10.
    mike
    Mike
  • MajorDanbyMajorDanby Posts: 1,343
    long term wise...unless stone decides to bury his large collection of barry bonds rookies with him...barry bonds rookies will depreciate in value or, at the very least, remain stagnant. That's true for any commodity that is mass produced. In the short run, his rookie cards may see a spike in value given his chase of the record. But, as someone mentioned above with mcgwire and even jordan....these cards will eventually go down in value. smarter "investors" play the option game with these cards...buy them up and sell them off at what they perceive are their highest values. the problem is knowing when to buy them up. a lot of people bought bonds rookies in droves and cases before last season...only to see them go markedly down in value when bonds was caught in the whole steroid mess and when he didnt play more than 10 games last season. to really answer your question.....i see the cards you mentioned as NOT a decent buy right now. I am assuming by your comments that you want to buy these cards not to make a profit...but to buy these cards at their stable long run price (investment is probably a misnomer). as long as bonds is playing and not admitting he did steroids, the prices for his rookie cards will remain above whatever long run price they will eventually attain after his retirement. so, if youre not looking to make short run profit....buy his rookie cards AFTER he retires.
    My Auctions

  • bsfastballbsfastball Posts: 455 ✭
    I guess i'm in the minority, but i think his cards are a great short term investment (by short term, i mean less than a year). The card market is very cyclical; I'm fairly confident that in april his cards (and those of most star players) will be 10-20% higher.
  • megatronmegatron Posts: 955


    << <i>long term wise...unless stone decides to bury his large collection of barry bonds rookies with him...barry bonds rookies will depreciate in value or, at the very least, remain stagnant. That's true for any commodity that is mass produced. In the short run, his rookie cards may see a spike in value given his chase of the record. But, as someone mentioned above with mcgwire and even jordan....these cards will eventually go down in value. smarter "investors" play the option game with these cards...buy them up and sell them off at what they perceive are their highest values. the problem is knowing when to buy them up. a lot of people bought bonds rookies in droves and cases before last season...only to see them go markedly down in value when bonds was caught in the whole steroid mess and when he didnt play more than 10 games last season. to really answer your question.....i see the cards you mentioned as NOT a decent buy right now. I am assuming by your comments that you want to buy these cards not to make a profit...but to buy these cards at their stable long run price (investment is probably a misnomer). as long as bonds is playing and not admitting he did steroids, the prices for his rookie cards will remain above whatever long run price they will eventually attain after his retirement. so, if youre not looking to make short run profit....buy his rookie cards AFTER he retires. >>



    Thanks to everyone for the advice and I think I will wait. Even more so, I think I may even decide to settle for a 9 now if it is really nice. And yes, investment is most likely a misnomer as I was referring to a sentimental investment rather than monetary investment.
    image

    Remember these Chuck Norris Facts

    1. When Chuck Norris does a pushup, he isn't lifting himself up, he's pushing the Earth down
    2. According to Einstein's theory of relativity, Chuck Norris can actually roundhouse kick you yesterday
    3. There are no such things as lesbians, just women who have not yet met Chuck Norris
  • baseballfanaticbaseballfanatic Posts: 2,415 ✭✭
    Barry Bonds will never reach the "iconic" level of a Mickey Mantle, so they have no place to go but down. When you add up how many are already graded, and how many hundreds of thousands there are sitting around ungraded in collections, its pretty easy to draw conclusions where this one is headed..........
  • baseballfanaticbaseballfanatic Posts: 2,415 ✭✭
    Sorry- Slow page gave me a double post
  • shagrotn77shagrotn77 Posts: 5,625 ✭✭✭✭
    Look at the Sutter rookie. A year ago you could get 9's for $50 or less all day long. To most of us it was no surprise that he got in to the Hall of Fame this year, but the first 2 9's to sell since went for $250 and $175. So selling a Bonds 10 the week he breaks Aaron's record image will almost certainly bring a profit if the card is purchased now for sale at that point. There are a lot of Bonds rookies though, so you'd have to dump them really quick.
    "My father would womanize, he would drink. He would make outrageous claims like he invented the question mark. Sometimes he would accuse chestnuts of being lazy. The sort of general malaise that only the genius possess and the insane lament. Our childhood was typical. Summers in Rangoon, luge lessons. In the spring we'd make meat helmets. When we were insolent we were placed in a burlap bag and beaten with reeds - pretty standard really."
  • Stone193Stone193 Posts: 24,478 ✭✭✭✭✭
    Mega

    In terms of collectibility, I think Bonds is definitely worth having.

    He's part of the baseball fabric and until it can be proven, for sure, that he is a cheat - he'll go down as one of baseball's greatest players IMO.

    Now, that was a popular statement!
    mike
    Mike
  • mikeschmidtmikeschmidt Posts: 5,756 ✭✭✭
    I think the main problem with Bonds is not a personality one - it is more the 'glut' of the market at the time of his rookie card. Although I was not a big-time investor in 1987 [I was only 11], I do recall that SCD and all the other relevant 'mags' at that time. And the one thing of that era that struck me was this: No one invested in GEM MINT cards as opposed to anything else. If you wanted to invest in Roger Clemens, for example, you would buy a 500, 1,000 or 5,000 count lot of his 1987 Topps card. Same with Bonds, McGwire or anyone else. There are just supply considerations that I think will forever overwhelm the demand-side of the picture.
    I am actively buying MIKE SCHMIDT gem mint baseball cards. Also looking for any 19th century cabinets of Philadephia Nationals. Please PM with additional details.
  • TabeTabe Posts: 6,229 ✭✭✭✭✭


    << <i>Julen:

    I don't disagree with you - but I would suggest that you only have to look at what happened at Michael Jordan prices over the last few years - and he has not been disgraced by any scandals. As soon as Bonds retires - people will be less interested in him, and you can probably get the cards cheaper then. >>


    Disgraced? Perhaps not. However, he's had the gambling issue, the comeback that tainted his legacy, the marital problems, etc. MJ's image has most definitely taken a hit the last couple years, without a doubt.

    Tabe
  • wallstreetmanwallstreetman Posts: 2,938 ✭
    I think the 87 Topps All Star would be a good investment, it was a Send In and there are only 1% of a Regular Set.
    You can fool man but you can't fool God! He knows why you do what you do!
  • rube26105rube26105 Posts: 10,225 ✭✭
    they made so many of 85 to 90 eveything, that the pops of 87 bonds rookie will always go up,there are tons of boxes and cases unopened out there,about a billion of em i expect,you can get a 6 box rack case of 87 topps for 100.00 from bbce,bummer they overproduced all this stuff, boggs/gwynn/clemens and sandbergs would be worth alot more too.if u can get good centered ones!
  • wallstreetmanwallstreetman Posts: 2,938 ✭
    30,000 is not a billion!
    You can fool man but you can't fool God! He knows why you do what you do!
  • bxbbxb Posts: 805 ✭✭
    Da Judge says:

    Buy them up 1-2 years after he retires.

    Sell them the year he gets into the Hall.
    Capecards
  • AllenAllen Posts: 7,165 ✭✭✭


    << <i>Sell them the year he gets into the Hall >>



    So you are saying to never sell them?
  • grote15grote15 Posts: 29,811 ✭✭✭✭✭
    If his cards didn't even spike when he broke the All Time HR record, I doubt they'll eveer rise in value above where thery're at right now. Way too much product produced during this era for any real appreciation of value, and Bonds is not liked by most and will never be sought after like Ryan or Aaron is.


    Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
  • CDsNutsCDsNuts Posts: 10,092 ✭
    You guys are arguing with a guy who thought it was a good idea to dig up every Bonds thread started in the last three years. Just thought I should point that out. When you're done with wallstreet, I know of a 3 year old boy who thinks the sky is green you might want to set straight.
  • rube26105rube26105 Posts: 10,225 ✭✭
    <30,000 is not a billion> 30,000 what? ya done lost me somewhere?,they made a bilion of reg issue 87 topps/fleer/donruss junk is what i am talkingabout, i see nothing on here about 30,000 ? ya dun lost me skipper
    randy
  • CDsNutsCDsNuts Posts: 10,092 ✭
    I think he's talking about some piece of crap 1987 Topps glossy all star Bonds that you had to send away for. Considering there are several hundred on ebay right now and several more hundred that ended in the last few weeks, I'd say there are way more than 30,000. But even if there were 10,000, it's an ugly card that nobody wants and will always be the least expensive of all the 87 Bonds cards.
  • rube26105rube26105 Posts: 10,225 ✭✭
    has a ugly billboard head guy on it too lee-why are all the boring barry bonds stupid posts back-i saw some 3 years old
  • mosaicmosaic Posts: 700 ✭
    The sky is gray and the grass is black.

    Also, I find it telling that a dude named "megatron" started this thread. It figures that the leader of the Decepticons would be into Bonds' cards.
    Nolan Ryan & Edgar Martinez are my favorite players...
    image
    mosaic's Nolan Ryan Basic Topps registry set
    mosaic's Big 3 Nolan Ryan Run Showcase
  • CDsNutsCDsNuts Posts: 10,092 ✭
    I hear Starscream is hoarding them up as well.
  • rube26105rube26105 Posts: 10,225 ✭✭
    i gave all mine to the cardboard hug a tree recycle cardboard program in frisco-they are into all that stuff you know, save the whales, collect the whole set,good moral stuff, matt told me barry rents out his head as a hot air baloon in parades-maybe a vicious rumor
    randy
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